Open banking

1174 articles tagged with this keyword

/regulation

EBAday 2024: The keys to successful digitalisation

Financial institutions need to transform their entire business and operating model to achieve bespoke and modular digital solutions while improving their profitability.

/payments

A2A payments firm Aeropay raises $20m

American open banking account-to-account payment fintech Aeropay has raised $20 million in a Series B funding round led by Group 11.

/payments

NAB to launch Pay by Bank for Australian merchants

Australian Big Four bank NAB is partnering with Banked to launch Pay by Bank capabilities, leveraging Australian open banking rails PayTo to settle near-instant transactions.

/payments

Fime acquired by Gallant Capital

Private equity firm Gallant Capital Partners has acquired payments consultancy and testing specialist Fime as well as the UL Solutions payments testing business and merged the two. Financial terms were not disclosed.

/payments

Checkout.com and Mastercard partner up to launch virtual cards for Online Travel Agents

Digital payments provider Checkout.com has announced its partnership with payments giant Mastercard to provide Online Travel Agents with virtual cards.

/payments

TransferGo partners with Tink for international money transfers

TransferGo, the global fintech empowering a world on the move, has partnered with Tink, a market-leading payment services and data enrichment platform, to add Pay by Bank to its payments offering.

/payments

Neonmics joins with Qvik on open banking roll out to the Nordics and UK

Neonomics, a leading open banking company and Qvik, a leading developer of digital consumer products, have signed a strategic partnership to jointly promote and deploy open banking services to customers across the Nordics and UK.

/payments

Brite delivers open banking instant payments to Shopware merchants

Brite Payments, a leader in instant bank payments, today announced that it has partnered with leading e-commerce platform Shopware to bring the benefits of its open banking-based instant payments to businesses across Europe.

/retail

Visa launches open banking with Tink in the US

Visa has launched open banking in the US, using technology from recently acquired Swedish vendor Tink.

/payments

Splitwise to offer Pay by Bank with Tink

Splitwise, a popular app for sharing bills and expenses, and Tink have partnered to bring Pay by Bank to Splitwise users.

/security

Mastercard harnesses AI to take on scammers

Mastercard is tackling the growing threat of scams through the launch of an AI-based product suite and several cross-industry partnerships.

/payments

NextGen Nordics 2024: Nordics can look outwards for new instant payments approaches

In the first panel of NextGen Nordics 2024, Finextra’s head of content Madhvi Mavadiya moderated the session: ‘Instant payments – how to prepare for RIX-INST on TIPS and the benefits of starting with Swish’.

/retail

JROC invites feedback on the Future Entity for UK open banking

The Joint Regulatory Oversight Committee (JROC) has today published proposals for the future open banking entity (the Future Entity).

/retail

Fintech Galaxy taps FinbotsAI for credit scoring and risk assessment

Fintech Galaxy, a leader in Open Banking and financial innovation, has launched innovative credit profiling capabilities in collaboration with Singaporean fintech company FinbotsAI using artificial intelligence models and aggregated Open Banking data.

/markets

NextGen Nordics 2024: NPC promoting innovation and harmonisation in the Nordics

NextGen Nordics, Finextra’s annual payments event, kicked off on April 23 2024 in Stockholm, Sweden, bringing together an array of experts and leaders in the Nordics payments industry.

/payments

UK Finance develops model clauses for variable recurring payments

UK Finance has teamed up with law firm Addleshaw Goddard to put together a set of model clauses that bank account providers and PSPs can use in variable recurring payments (VRPs).

/payments

UK Smart Data Roadmap unveiled

The UK government has published its Smart Data Roadmap laying out its plans for smart data schemes across seven sectors, including banking and finance.

/inclusion

Wagestream raises £17.5m

Financial wellbeing app Wagestream has raised £17.5 million in a funding round joined by a British Business Bank subsidiary.

/regulation

Blair Institute sets out 'progressive vision' for fintech

If it wins the upcoming UK general election, the Labour party must harness the fintech sector as an engine for economic growth, opportunity and inclusion across the country, says a report from the Tony Blair Institute for Global Change.

/regulation

Canada set for open banking legislation

The Canadian government has promised open banking legislation by the end of the year and confirmed that the Financial Consumer Agency of Canada (FCAC) will oversee the new system.